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  • Philippines manufacturing PMI loses momentum in August

    TOKYO -- The Nikkei Philippines Manufacturing Purchasing Managers' Index, or PMI, slumped in August, pointing to a loss of momentum in the country's manufacturing economy.The composite indicator of manufacturing performance stood at 50.6 in August,

    September 4, 2017 09:30 am JST
  • ASEAN's manufacturing PMI bounces to growth in August

    TOKYO -- The Nikkei ASEAN Manufacturing Purchasing Managers' Index, or PMI, rebounded to growth in August, signalling an improvement in operating conditions across the region.The composite indicator of manufacturing performance stood at 50.4 in Augu

    September 4, 2017 09:30 am JST
  • Honestbee wants to help, not disrupt, Tokyo grocery stores

    TOKYO -- Prime Minister Lee Hsien Loong used Singapore's recent National Day Rally to speak of "a smart nation." By that he meant a country that uses information technology to increase jobs, opportunities, productivity and convenience. During his sp

    September 4, 2017 07:45 am JST
  • Nichi-Iko to sell generics in Philippines, Singapore

    OSAKA -- Nichi-Iko Pharmaceutical is working to expand its presence in Southeast Asia's generic-drug markets, with plans to sell treatments in the Philippines and Singapore.The Japanese maker of generic drugs already sells its products in Thailand,

    September 2, 2017 03:07 am JST
  • Asia's main archipelagos eye bigger share of maritime trade

    JAKARTA -- The world's seaborne trade exceeded 10 billion tons in a single year for the first time in 2015, according to the United Nations Conference on Trade and Development, with about 60% passing through Asia.Sitting between the Indian and Pacif

    September 1, 2017 01:00 pm JST
  • Southeast Asian new-car sales jumped 15% in July

    BANGKOK -- New-car sales in Southeast Asia's six major markets climbed 15% on the year to 268,428 in July, rebounding from a slump in June caused by the Islamic holy month of Ramadan.The region's sales grew by double digits for the first time in fou

    September 1, 2017 05:57 am JST
  • Richard Heydarian

    China exploits the Philippines' soft-pedalling in South China Sea

    Just days after the Association of Southeast Asian Nations ended a series of ministerial meetings in Manila in early August the Philippines faced a fresh and daunting challenge in the South China Sea.In what one prominent Filipino official described

    August 30, 2017 02:31 pm JST
  • Philippines lifts Uber freeze after company pays $3.7m fine

    MANILA -- The Philippine transport regulator lifted a suspension of Uber's business in the country on Tuesday, after it paid a 190 million peso ($3.7 million) fine. The U.S. ride-hailing service reactivated its app on Tuesday afternoon after the Lan

    August 29, 2017 08:32 pm JST
  • FT Confidential Research

    Banking in Cambodia: the money keeps flowing

    Banking remains one of Cambodia's most dynamic sectors. There is robust growth in deposits and loans, and financial institutions are making healthy profits.Non-performing loans are rising but do not pose a significant risk - the global commodities g

    August 29, 2017 11:00 am JST
  • Asia's 'smartphone economy' boosts 2017 growth forecasts

    TOKYO -- The Japan Center for Economic Research announced on Aug. 28 its "Sixth Asia Economic Short-Term Forecast" highlighting China and four core ASEAN countries: Indonesia, Thailand, Malaysia and the Philippines.With economic growth in the first

    August 29, 2017 07:00 am JST
  • China-based Taiwanese fugitive wants to invest in Philippines

    TAIPEI -- A China-based millionaire fugitive wanted by Taiwan is planning to invest heavily in the Philippines, as local officials fail to convince their Philippine and Chinese counterparts to extradite the businessman.According to Philippine media,

    August 24, 2017 11:06 pm JST
  • Mastering Business in Asia

    Asia schools itself in the art of business

    SINGAPORE/HONG KONG -- There are plenty of metrics to chart Asia's economic rise over the last two decades, ranging from economic growth rates and industrial output to tourist numbers and car sales. Less noticed, but just as striking, is the emergen

    August 24, 2017 12:00 pm JST
  • Asia schools itself in the art of business

    SINGAPORE/HONG KONG There are plenty of metrics to chart Asia's economic rise over the last two decades, ranging from economic growth rates and industrial output to tourist numbers and car sales. Less noticed, but just as striking, is the emergence

    August 24, 2017 10:00 am JST
  • Bandid Nijathaworn: Business education lays the foundation for Asia's future

    Asia has been the world's fastest-growing region for the past two decades, and this trend looks set to continue, albeit at a slower pace. As a result, Asian economies and companies have been transformed. In 2015-2016, four Asian economies ranked in

    August 24, 2017 10:00 am JST
  • CEO in the news: Dennis Uy rides the Philippine president's coattails to success

    MANILA When Phoenix Petroleum Philippines celebrated the 10th anniversary of its listing at an event at the Philippine Stock Exchange on July 11, an unlikely special guest was on hand: President Rodrigo Duterte.The leader has brushed off previous in

    August 24, 2017 10:00 am JST
  • Editorial: ASEAN's biggest challenge is confronting China

    The Association of Southeast Asian Nations has made great strides in its 50-year history. From its start as a grouping of anti-Communist states formed against the backdrop of the Cold War, the bloc has evolved into a framework for regional cooperati

    August 24, 2017 10:00 am JST
  • Electric vehicles Ayala's chance to take on auto sector: unit CEO

    MANILA -- Because no Southeast Asian country has yet developed the infrastructure to support electric vehicles, Philippine conglomerate Ayala can help this country lead the region in that cutting-edge technology, says CEO Arthur Tan of AC Industrial

    August 23, 2017 01:50 pm JST
  • Ayala's manufacturing push paving way for electric car production

    MANILA -- Philippine conglomerate Ayala is bulking up its manufacturing business in a bid to lead Southeast Asia's transition to electric vehicles, betting the group's massive resources can make up for other nations' advantages in auto production.Si

    August 23, 2017 01:50 pm JST
  • Japan Tobacco staking growth on emerging markets

    TOKYO -- Japan Tobacco's pending purchase of a Philippine peer's tobacco assets continues a series of emerging-market acquisitions that have come to define the manufacturer's global strategy as growth in more developed cigarette markets plateaus.The

    August 23, 2017 06:11 am JST
  • Tim Johnston

    Institutional weaknesses risk instability in East Asia

    Developing East Asia has enjoyed more than 40 years of growth, except for a brief crisis at the end of the last century. But the single-minded pursuit of economic growth at all costs has created a dangerously unstable monoculture.East Asians have se

    August 22, 2017 12:00 pm JST